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HomeMy WebLinkAbout1364 ~ - poiky or potid~s uid MORTWIG~~ ~+ali hav~s th~ cPtia+ to noNw a~d aPPb tt» saeN an aooount af th~ incNbtedrwss s~cund Mrebv or ta pendt s~id MORTGIIWRS to waiw and uss it or ary part tM~+wf fo? otF+K p po~ witF+out th~+~by waivie~ or impN~ +nY e~uih?. Ii~n or ~i M urder o? by virtw of this Mort~a~: snd 1~ tM ~wnt s~id MORTG'Jw1fl0 t~ll fo? any ~wson fail to k~ep ths said P~mi~ so i~uro~, or hn co d.uw. a«~ty my of atd ~a~aa of u,aKano. to s~w t~0~t7G~?c,~E, or hu aar~cy w var tuibany w in any ~spett fsil to psrfarm. ~scFrrN. ~x~oute. ~ffect~ oaripNb. con+P~Y with arx! abid~ bY tF~h co~v~rur+t. or any p~rt F~~oF. t~ld MORT i,AGEE msy plaoe snd p~y ior wcF+ insunnos o?any put ti+K~of without waivin~ or a sr~y tion. U~n. sqyib. or ~i~ht urKbr or b!I virtue of thts Mortea~s, snd th~ full ama~nt of e~d+ and tw+Y sud~ Psym~nt sh~ll b~ t~~iat+N WY~bb and sh~ll b~u i~ter~t from ths date thereof unNl paid st ths nts of ~x and~[tenths P~ cent pu aanwn snd toNths? with wd~ i~terat shall b~ sea+ad by th~ lie~ of this mort~a~e. n~Yle • 4. To permit. eomrnit or wffer no waste. tmpaimKnt or deterioaNon of s~id property or ~ny ps~t thsroof. 5. It is heraby specificaliy ssroed that any wm or wrris v~hich may bs loaned or sdvanced b~? the Mort~a~ee to t1+s Mortp~ st any time after the ~eoondinQ of this indentum. togetMr with interost theroon at ti+e rate agreed upo~ st ths time of wch lan a advsncs. ~hall bt eqwly sacured with and have ths sams Priorib ss th~ aigin~l fndebtadness. and be subjett to all the tam~t snd provisions of tFas mort~s`e: Providad, that the s~regste amaint of prinNpal outstsr~ne at u?y time si~sll not uaosad an amamt eqwl b p+e Mr~drod snd Nfiy per ceM (15096) of ths prindpsl arna~nt originslly sscwed heroby. 6. To pay all snd sinQulu the ooats, chsrges s~d exp~nses. includi~ s reaso~abl~ attornay's fee and oosts of abatract of NNe in~ curred or paid at sny time b~r saW MORTGAGEE becs~n~ or in iM ~vant of ths failure on thepan of th~ ssid MORTGJIGOR to duly. promptht and fully perform, distF~a?se, exewtt. effectr ~++P~h. ~+P~Y wlth and abids by ~sth and ewry ths sttpulatians. afhane~ts. eondltions ~sc a e, and covenants of ssld. p:omtssory ~ote ar?d tNs mort~ a~? or Nther~ and ssld oosts. thug~s and e~e~ses, esth a~d wery. shall bs imrr~ediately dw a~d payabk; whethe~ or not thero b~ notias. dan+a~d, attampt to collact or wi , and the full amant of each snd evary such psyment shalt beu intsrost from the dat~ thKeof u~til psid at the nte of six and ~per cenhm px sm~nn: snd all satd costs. char~es snd expe~s so incurrod or Pa1d. to~etF~ with wth inte?est. shdl be sewrod by~ pen of thls mortt+t~ 7. That (v in the avent of a~y brosch of this Mat~s~s or default on the part of tha MORTGIIGOR, or (W ie the ewnt any of ssld swns of ma~ey Mroin referrod to bs not prompthr and fuly piW withtn tM?y (30) days nsxt after the suws sevealy b~oorns due and psysbl~. without dern~nd o? notice. or W in the a~rent each snd ev~y ths stiPul~lio~. aBaerr~ts. tonditioos snd oova?anis of sald p~omissory noq and this mortgsge~y or NtF~ aro ~iot duly. PramPth? and fully performed. dischsrHed. ex~a+ted. effected. oompleted awr~lied with snd sbided by. tF~en in eitF~er o? ~ny wch event. the s~ld s~ats wm maetioned i~ said p~omissay not~ tF~en romstnl~ unpdd, with inte?est aocrued. u~d sllna~~ays sscwed heroby. sh~ll beoorne due and e forthwith. or tl+afeafter. at the option of s~id MORTGA~GEE, ss iufly and oompktey ss if all of the said sums of monsy wer~ o~igin~I~stipulatsd to be paW on wd~ d~y, 06 io sald pranissay noM or in 0 this Mort~s~e to ths aonmry not withstsndina: snd thera~pon or tMreafter st the option of s~id MOR~WIGEE. without notios or demand. wit at law o' in equity. msy be prosecuted as if all mo~nia sea~ed h~reby hid maturod prior to its institutiai. 8. Thst in the event that at the bs~Imin~ of o? at any Nm~ am? wit upon tNs or to ionclos~ lt, or to nform it, or to enioroe psyment ofany claims her~e~xider. saW MORTCIIGEE shall to the Court havlns~ jt~tion tMreof for ths appointrn~t of s Receiver. wd~ Court sh~tl f~orthwith sppoint a Reoeive?, of said nwrt~a~sd property all and sir~ular. Inclu~~ sll and singubr tfie income. proHts. issues and revenues from whatever souroe derived. each and every of which. it baing e~ly unds~tood. is he?ebY mort gaged as tf specifically set forth and desc~ibed in the arantin~ snd habcnd~wn clauses heroof. and wch Reaive? shsll h~vs atl the brwd snd ef~ective fi~nctions and pawe~s in snywise entrusted by s Caurt to s Reoeiv~er: ~ and wch aDPW~tment shsll be rnsds by wch Court ss an admitted equity srd a matter of absolute riaht to said MORTG/1GEE. and without rofer~enos to the sdeq~~cy or Inadsquai.y of ths value of the P?aPe~Y ~g+8~ or to the solvancy or insolvency of ssid MORTGACAR o? the defendaMs. and N»t wd~ ronts. Profits. h+oomss. iswas and reverwes shsll be applied by such Receiver sooord'ins to ths lien or equit~? of ssid MORTG/1GEE srd ths pattios of such Court. 9. To duy. prompty snd fiilh pe?form. ~schary~e, ezsaate. eHsct. ea++v~ ~Ph? with srd abtde by esch snd ewry the stipu- IaNons, ag~menls. oonditloris and ao~rensnts in ssid pron~soe~? rwte arld in tNs nwrt~aW set fath. 10. That In the avent the ownersF~ip of the morttsged Premis~s. o? anY Wrt the~eof. beooma vested in a person ofher tlan ths MORTGACAR. the MORTG/1GEE. its suooessors snd aui6~s. maY, without notke to ths MORTG/100R. dsal with wch wooessor ar suocessors ln interesf with ~eferenQe to this mortgage and the debt F~e~eby securod in the ssme msnner ss with Mortgagor withouf in any way vitiatir~ a disd~r~ttna the Mortgs~or's ftab~flt~? Iwcundsr or ~~pon th~ debR herebY sew~ed. No sak of the Pr'~ herob~Y mortgs~ed and ~o tore- bearanoe on the put of the MORTGACEE or its wocessors o? asslgns and no extension of the time for the payrrbnt of the debt hKeby sewrod given by the MORTGItiC'iEE or ih wcoessors or migns, shall operate to re{ease. ~sthaRe. nw~fy. dw~e or efiett the originsl IiablUty of the MORTGACOR herein, eitF~er in whok or in p~rL - . 11. It B tpecificaly a~reed tF+~t tin~ is of tM 4sse~os of this oo~tnct and that no waW~er or any oblt~atlan 1Mrouder or of th~ obli~{atian sewrod hereb~r shall at any tlm~ thne~f»r b~ heW to be a wsiver of tfie terms hareot or of the instrun+ent sewrod F~eby. - IN WITNESS WHER60F, the said MORTGAOOR h~s henunto set his hr~d and saal th~ day ard yau first afor~staid. Sip~sd. Sealed and ddivKed In prese~~a df: ~ ZL~a-'~-~..-a-" ~--~-ia,-- . ~ ' ' ~l , ? ~~'~s` f . ~ ' ~ -1~-3%Y_------ ~ E °"'1~`.C~ . _ ~6E/?U ~ STATE OF FIARIDA - F ~ St. Lucie } esf«e m. pason~~y app~.ne IiARRY jA1 H[ li EY~R . ~ and . NEVA HULSEY - h~ ~,,,~h. to m. ~,,,~u k~ow~,, ,nd krw~+ w ms to b. N» i~vidu.ls d~ib•a ~ snd wFw e~o~wtd tht iorKoin~ ie~n~+~t, and sckrwwbc ~b~fo~ m~ thst th~r ezewted ths saene for th~ ~urpos~s tMn~+ ~o~rats~d. WRNESS m~? hard and offkisl sed tMz~~~,da1? of _ . A D. 19~ _ . , _ . .ti~i:lt:..7.:1lj ~ l;,;! ~ .~i\''- .C? v l; G. '-i~~ ry snd fo? th! $tatr Of FlOrld~ at L~rp. : ~ ~ ~~r MY Coml~ian ~~hl: ``~'V . =.y,_ . , -~t~ \s+'~~~~p~~vr~ ~ Np~ PiI~K. ~~1 0~ p01~.~i 7~ ~ " • _ • ,_,d •W3•;': ~~J ~ : ~ ` ~ ~ ~O~ISSi00 ~ ~M. 1~ t L~~.;~• t-1_ ; - - ~ " .s ~ . . ~ ~ + . ~.ad ~r ~..e... a. a c.~.+r e. . ~'~'~ylt' j•>:~~~\!y"'~ ~IJ Z ~ - ~ . F~lEO AND RECORDEO 4 a•t V o ST. IUCIE t '~;~;+`~.~C Z~ z ' RECORD VUNTY LA; ~ ERIFIED A A -r ~ z _..Y , . > o ~ x 15438~ ~ ~ . _ a ~ ° '67 I~IR 30 p • ~ ~ ~ < a ~ M 2 . 45 m ~ , c~ ~ - Q ~ ~ ~ ~ ~a CLERKJ' ~ ?~v:,R.;s ~ ~ A ~ ~ CIRCUIT COU~tT ~ ~ ~ ?c ti.1 i ~~1.,' p~ . m. F+ < A ~ ~ ~ 0 . . \ 8 RK1 5 ~~E1361 . . a :,,~°~,_~,-r~x ~ ~z<c~.__ .,,i _ - _ . . .+~~e.~.~ -i~ ~~a